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In Kentucky, a licensee’s conduct is grossly negligent. Which statement is correct?

Correct Answer

C) Gross negligence is sanctionable conduct

KRS 324.160 lists gross negligence as a sanction ground. Source basis: KRS 324.117, KRS 324.160, and 201 KAR 11:121, Kentucky Legislative Research Commission official statutes/regulations: advertising, supervision, brokerage records, document delivery, affiliation, compensation, agency, and improper conduct; checked 2026-04-30.

Answer Options
A
The principal broker has no responsibility once a sales associate handles the file.
B
The rule applies only to commercial transactions.
C
Gross negligence is sanctionable conduct
D
The conduct is allowed if the transaction later closes successfully.

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Related Topics & Key Terms

Related Topics:

ky.IIIbrokerage_activities

Key Terms:

kentuckyky.IIIbrokerage_activitiesgross-negligence

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